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Jan 25, 2013
01/13
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i'm bob, we talked at the tax store. i did your taxes. i thou??t you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores combined. a lipstain with wet shine! lipcolor... l'oreal creates caresse wet shine stain: the light weight formula delivers lasting color plus shine with 30% water. it's the wet look for my lips. l'oreal's new caresse wet shine stain. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. but what you taste is the fruit. creatwith petsmart, wonder and enchantment. the destination for all things aquatic. come to the amazing aquatics event and save up to 25% on all aquariums and select aquatics essentials from your favorite brands. and tetras and algae eate
i'm bob, we talked at the tax store. i did your taxes. i thou??t you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores combined. a lipstain with wet shine! lipcolor... l'oreal creates caresse wet shine stain: the light weight formula delivers lasting color plus...
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Apr 15, 2013
04/13
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raise taxes?to absolutely not. would they get there through tax reform? would they get there through changes to the programs they say would protect seniors and keep the programs alive? to try tothe ways find it. it's not easy but some alreadyle things have happened. chris: david, i just talked to boehner. tenuous leadership. his deal, the right wing deal, we may not agree on abortion and we may not all agree on same sex or rander we're neocons paul types but the one thing that seems to be republican is we don't raise taxes. try toink obama will find some way to finesse that. code reform, tax he'll call it raising revenues but avoiding something you could tax increasel a but, chris, the republicans are running scared. they're very disoriented. how are we going to adapt to a country moving so quickly so i don't think there are as many fixed anchors. another important thing is that the package that obama put together cleverly is, in essence, the deal he made with boehner more than a year ago, so he's coming back to that and he's in a position to say to repub
raise taxes?to absolutely not. would they get there through tax reform? would they get there through changes to the programs they say would protect seniors and keep the programs alive? to try tothe ways find it. it's not easy but some alreadyle things have happened. chris: david, i just talked to boehner. tenuous leadership. his deal, the right wing deal, we may not agree on abortion and we may not all agree on same sex or rander we're neocons paul types but the one thing that seems to be...
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Jan 26, 2013
01/13
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the power software created by the tax experts. file for free now at hrblock.com. >>> good morning, looking live at the golden gate bridge and there is some fog but it's a bit farther out in the distance. thanks so much for joining us. i'm kris sanchez along with meteorologist anthony slaughter, who says it is going to be cold, but it is going to be somewhat sunny. >> we'll see sunshine but looking at the fog right now there, is a cold front off the coast and once that cold front moves through this afternoon, our temperatures are actually going to fall from the upper 50s back into the low 50s and 40s by this afternoon and that's where we're at now. 52 in san francisco, 48 in oakland, 51 in san jose, 49 in santa cruz and the cold front moves through this afternoon. temperature also start to fall. we were talking about a ten-degree drop in temperatures by this afternoon and it's going to be cold tonight with 30s returning and a brief shower possible tonight and tomorrow, once the cold front lingers. we're not expecting a complete was
the power software created by the tax experts. file for free now at hrblock.com. >>> good morning, looking live at the golden gate bridge and there is some fog but it's a bit farther out in the distance. thanks so much for joining us. i'm kris sanchez along with meteorologist anthony slaughter, who says it is going to be cold, but it is going to be somewhat sunny. >> we'll see sunshine but looking at the fog right now there, is a cold front off the coast and once that cold front...
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Sep 29, 2013
09/13
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many in your survey cited concern over taxes as well as health care. >> number someone the uncertain uncertainty. we're not going to no for a year whether this will work the way it was intended to work. the key will be whether young l healthy uninsured sign up. if they do costs will come down. if they don't, it won't. they want to manage that health care cost risk by going that route and when there's more certainty they'll make the decision as to how to play it from the standpoint of hiring. >> good to have you on the program. >> always great. >> up next, none other than bill clinton. the former president sounding off on everything from debt ceiling drama to dealing with iran and russia. does he see a resolution to any of this soon? we'll find out. >>> business school students making the grade with innovative solutions to addressing food and security. you won't believe what they have come up with. >> it's actually quite simple to do. >> as we take a break, take a look at how the stock market ended the week. back in a moment. >>> when former president bill clinton speaks we all listen
many in your survey cited concern over taxes as well as health care. >> number someone the uncertain uncertainty. we're not going to no for a year whether this will work the way it was intended to work. the key will be whether young l healthy uninsured sign up. if they do costs will come down. if they don't, it won't. they want to manage that health care cost risk by going that route and when there's more certainty they'll make the decision as to how to play it from the standpoint of...
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Nov 26, 2013
11/13
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the cadillac tax is designed to make companies and workers more cost conscious. the thinking is that if workers have to pay more expenses themselves, they will avoid unnecessary procedures. and that will bring down overall health costs. the president's top economic adviser insists the tax ultimately will hit only a small percentage of plans and four years from now. when employers notify workers they're saying one of the reasons for greater out of pocket costs is the new health care law. >> i don't see that at all. nothing in the law tells you that you need to raise copayments or deductibles. in fact, the law limits your ability to shift costs to your worker. >> most employers are looking forward to the cadillac tax in 2018 and realizing they're going to have to get ready for it now. >> reporter: employers have been asking workers to pay more for years, even before the new law. it's causing anxiety for the bakers. >> this is what next year will bring? what are the following years going to bring? >> reporter: lisa myers, nbc news, washington. >>> we are back in a m
the cadillac tax is designed to make companies and workers more cost conscious. the thinking is that if workers have to pay more expenses themselves, they will avoid unnecessary procedures. and that will bring down overall health costs. the president's top economic adviser insists the tax ultimately will hit only a small percentage of plans and four years from now. when employers notify workers they're saying one of the reasons for greater out of pocket costs is the new health care law....
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May 6, 2013
05/13
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taxes on all online purchases. the measure is expected to pass. >>> and in other news, google is reportedly set to unveil a subscription service youtube as it looks to generate more revenue. it would apply to about 50 channels which people can access for as little as $1.99 a month. back to you. >>> now in other business news, more than 30,000 people each year travel to hear warren buffett at the berkshire hathaway shareholders meeting. the 82-year-old billionaire says the key to investment success is to avoid getting excited when others are, too. as for politicians, buffett says what happens in washington is tough to watch. >> nothing is perfect but we had some huge problems in 2008 and our country is doing reasonably well coming out of that. it's a lot slower than people would like but it was a lot bigger problem than many of us had ever seen. >> the white house announced a series of presidential trips addressing america's bottom line. mr. obama's first trip is to a high school in austin, texas, where he'll also d
taxes on all online purchases. the measure is expected to pass. >>> and in other news, google is reportedly set to unveil a subscription service youtube as it looks to generate more revenue. it would apply to about 50 channels which people can access for as little as $1.99 a month. back to you. >>> now in other business news, more than 30,000 people each year travel to hear warren buffett at the berkshire hathaway shareholders meeting. the 82-year-old billionaire says the key...
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Mar 25, 2013
03/13
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government closed all the banks for more than a week, tried to impose a huge tax on large deposits and restricted how much cash you could withdraw from an atm. that's exactly what's going on tonight in cyprus. a member of the eurozone as it tries to raise enough money to qualify for a big bail-out from european lenders. cnbc's michelle caruso-cabrera has the latest tonight from cyprus. >> reporter: lester, all the banks on cyprus closed for nine days now. only the atms are working and just today they announced withdrawals would be limited to only 100 euros. but many of the machines don't have any money anyway. long lines all week at the atms of cyprus' weakest bank. customers desperate to get as much cash as possible in case the bank collapses. at supermarkets, families stocking up. fearing shelves will soon be empty with all the banks closed, businesses can't pay for supplies and restock. buying so much, olga brought her two teenage sons to help. >> well, we are concerned that there will be shortages of food. so it is definitely we want to make sure. i have a family, i have to feed my
government closed all the banks for more than a week, tried to impose a huge tax on large deposits and restricted how much cash you could withdraw from an atm. that's exactly what's going on tonight in cyprus. a member of the eurozone as it tries to raise enough money to qualify for a big bail-out from european lenders. cnbc's michelle caruso-cabrera has the latest tonight from cyprus. >> reporter: lester, all the banks on cyprus closed for nine days now. only the atms are working and...
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Nov 11, 2013
11/13
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that's why i asked for a second term and four more years, to contue to control spending, lower taxes, andontinue to imove economic opportunity in our state. that's exactly what i'm going to do. >> on obama care, the esident apologized abouthe promise that wasn't kept wh the individual market. do you think obama care is doomed? do you think the republica parthas an obligation to make it work at thipoint? >> lten, i think obama care was a mistake. ve said that right from the beginning. i think it's failed policy. that why we did not institute state-bad exchanges, and you n see exactly why when you see the disaster thas happening right now. the factf the matter is, the president didn't tell folks the truth about what was going t happ with their own private insurae policies. and what i urged him to for the lastwo weeks when i've been on the campaign trail is tell people the uth. that's the thing ty expect, and i think that's why we've gotten the support we've gotten in new jersey. whether it's good ws or bad news, i tell folksn new jersey the rd truth they need to hear. even when theyisag
that's why i asked for a second term and four more years, to contue to control spending, lower taxes, andontinue to imove economic opportunity in our state. that's exactly what i'm going to do. >> on obama care, the esident apologized abouthe promise that wasn't kept wh the individual market. do you think obama care is doomed? do you think the republica parthas an obligation to make it work at thipoint? >> lten, i think obama care was a mistake. ve said that right from the...
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Oct 2, 2013
10/13
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when banks consider mortgage applications, they pull a borrower's tax records from the irs, which is closed due to the shutdown. back over to you. >> thanks, seema. sports is next. >>> first, shutdown fact number three, members of congress will still be paid during the government shutdown. a rank and file member of congress makes an annual salary of $174,000. members holding leadership positions make between $193,000 and $223,000. we'll be right back. >>> government shutdown fact number four. a herd of goats helping to graze through the poison ivy-infested gateway national recreation area in sandy hook, new jersey, they're off the job. the program is run by the national park service, a victim of the shutdown. >>> now let's get you the latest in sports. national league wildcards. reds/pirates, some highlights. in the bottom of the second, reds third baseman frazier with the sweep diving save. in the seventh, pirates russell martin blasted the homer. pittsburgh pirates finally get a taste of victory in the playoffs for the first time since 1992. they're having fun! they face the cardin
when banks consider mortgage applications, they pull a borrower's tax records from the irs, which is closed due to the shutdown. back over to you. >> thanks, seema. sports is next. >>> first, shutdown fact number three, members of congress will still be paid during the government shutdown. a rank and file member of congress makes an annual salary of $174,000. members holding leadership positions make between $193,000 and $223,000. we'll be right back. >>> government...
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Oct 21, 2013
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the top tax rates and repealed the bush tax cuts. the last part of the savings is coming from these automatic across-the-board cuts. now, i do believe that those should be replaced with more sensible policies. but the vast majority of the deficit reduction will still be in place. so i think we've done a lot. we've got to shift the focus from just fiscal policy. fiscal policy is very important, but there is a lot that we need to do to build and grow this economy. we need infrastructure, the farm bill needs to pass. the immigration bill is hublgge important to the economy. i'm hoping we can find a place where we can work together. >> obama care is not going away. it is law. republicans say they will not stop fighting. and the rollout, the exchanges, getting people enrolled has been very, very difficult. from the usa today, their coverage is this. the federal health care exchange was built using ten-year-old technology and the next six months will be an overhaul of the entire system. democrats supported the allies of this president and
the top tax rates and repealed the bush tax cuts. the last part of the savings is coming from these automatic across-the-board cuts. now, i do believe that those should be replaced with more sensible policies. but the vast majority of the deficit reduction will still be in place. so i think we've done a lot. we've got to shift the focus from just fiscal policy. fiscal policy is very important, but there is a lot that we need to do to build and grow this economy. we need infrastructure, the farm...
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Aug 4, 2013
08/13
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means a big tax break for many parents shopping for school supplies, but not everyone thinks it's a good idea. >>> and fantastic voyage. as a group of american treasure hunters strike it rich, very rich, at the bottom of the sea. >>> good evening. just a short time ago, the state department announced it will extend the closings of some u.s. embassies in the face of a serious and credible, but so far unspecified, terror threat against american tro interests overseas. some two dozen embassies and consulates were closed today as a precaution as we learn more about the level and gravity the intelligence officials are acting upon. the consensus seems to be the threat is very real, but it's the targets that appear to be anyone's guess, which is why a worldwide warning remains in effect for americans traveling abroad. once again, tonight we're tracking all angles of this story, christian welker starts us off at the white house. good evening, kristen. >> reporter: good evening. tonight the state department announced two dozen of the diplomatic posts closed today will remain closed through next w
means a big tax break for many parents shopping for school supplies, but not everyone thinks it's a good idea. >>> and fantastic voyage. as a group of american treasure hunters strike it rich, very rich, at the bottom of the sea. >>> good evening. just a short time ago, the state department announced it will extend the closings of some u.s. embassies in the face of a serious and credible, but so far unspecified, terror threat against american tro interests overseas. some two...
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Mar 11, 2013
03/13
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we got republicans to raise taxes. on the top 1%. we're going to do it again and they didn't realize the extent to which the republicans would dig in and say, sorry, we just gave at the office a couple months ago. we're not going to do it again. chris: one theory is the president is trying to get around the far right because the far right basically has to control mitch mcconnell, primary him out of kentucky or certainly boehner, who needs their votes to say speaker. he's going around as you were saying, basically cherry-picking, looking for republicans that will deal with him. one of those persons cherry-picked, lindsey graham, who basically put together the dinner is already being threatened in the last hours of the week with a big primary challenge because he was out there subbing with the president the great new hero of the right wing, rand paul, fighting with the filibuster. >> that's what is so great about the republican party now, one thing people miss about the sequester is the 50% of it is defense cuts. this republican party
we got republicans to raise taxes. on the top 1%. we're going to do it again and they didn't realize the extent to which the republicans would dig in and say, sorry, we just gave at the office a couple months ago. we're not going to do it again. chris: one theory is the president is trying to get around the far right because the far right basically has to control mitch mcconnell, primary him out of kentucky or certainly boehner, who needs their votes to say speaker. he's going around as you...
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Jan 14, 2013
01/13
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it is the party of lower taxes. but there are a lot of people who are lower down the food chain, the economic chain, also paying lots of taxes relative to their income. and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change there are a lot of things that the american people are expecting and the republican party, as they get ready for the next election, really has to focus on some of these issues and not ignore them. everybody wants to talk about who is going to be the candidate you better think first about what's the party actually going to represent? if it's just gonna represent the far right-wing of the political spec trouble, i think the party is in difficulty. i'm aed moderate but i'm still a republican, that's how i was raised. until i voted for mr. obama twice i voted for seven straight republican presidents. >> a couple of other foreign policy matters, what should the force, u.s. force in afghanistan look like after ne
it is the party of lower taxes. but there are a lot of people who are lower down the food chain, the economic chain, also paying lots of taxes relative to their income. and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change there are a lot of things that the american people are expecting and the republican party, as they get ready for the next election, really has to focus on some of these issues and not...
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Nov 10, 2013
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we've cut business taxes by $2.3 billn. 143,000 new private sector jobs. reformed teacher tenure put accountality in the classroo for the rst time in 100 years and reformed a pension and benefits system d retirement pension in new jersey to save $120 billion for the taxpaye over the next 30 years. judge me by my record. that i'm vy, very comfortable with. all the labe? that's forhe folks in washington, d.c., d obviously they love playing that game, but the people of america aren intereed in that game. i think given the approval rangs in washington, they've shown that. >> yet the wall streetournal about your ecomic record concluded this inn editorial on wednesday. it's the biggest disappointment, the state jobless te is still 8.5%, among the 10 highe in the untry. it's true henherited a mess, but mr. christ will need a new reform agendin 2014 to impress national gop voters in 2016. >> we're going to ctinue to do the job we've done already, david. we brought unemployment down by half, we created43,000 private sector jobs in a state i do admit was an absole m
we've cut business taxes by $2.3 billn. 143,000 new private sector jobs. reformed teacher tenure put accountality in the classroo for the rst time in 100 years and reformed a pension and benefits system d retirement pension in new jersey to save $120 billion for the taxpaye over the next 30 years. judge me by my record. that i'm vy, very comfortable with. all the labe? that's forhe folks in washington, d.c., d obviously they love playing that game, but the people of america aren intereed in...
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Oct 7, 2013
10/13
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we bring in $250 billion in taxes every month, our interest payment is 20 billion. tell me why we would ever default. we have legislation called the full faith and credit act and it tells the president, you must pay the interest on the debt. so this is a game. this is kind of like closing the world war ii memorial. they all get out on tv and they say, we're going to default. they're the ones scaring the marketplace. we should never default. >> let's say you pay the interest on the debt and you don't have a technical default. wouldn't be there mathere be dr consequences on the economy, anyway, the spirit of it? >> in 2011, our credit was do downrated, but the reason they said was we had too much debt so they downgraded us. it's about the debt we're accumulating. it's not so much these deadlines the market is worrying about, the market is also worried about our $17 trillion debt and we're not acting fiscally responsible and we're spending more money than we're bringing in. >> senator rand paul. always interesting talking to you. thank you for your time, sir. >> thank
we bring in $250 billion in taxes every month, our interest payment is 20 billion. tell me why we would ever default. we have legislation called the full faith and credit act and it tells the president, you must pay the interest on the debt. so this is a game. this is kind of like closing the world war ii memorial. they all get out on tv and they say, we're going to default. they're the ones scaring the marketplace. we should never default. >> let's say you pay the interest on the debt...
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Sep 30, 2013
09/13
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with conditions to delay the president's health care law by a year, and to repeal a medical device tax paid by manufacturers for things like pacemakers or defibrillators, or delay that. also, they do want military paychecks to keep coming. but again, that is the house version where they stand. the senate says no way, the only thing they would consider is simply keeping the government open, nothing that would affect the health care law. >> so the contest begins, canke o'donnell, i know you will be watching, thank you, joining me this morning, ted cruz, the man in the middle of the fight. so here are the stakes, de-funding, say you and other republicans, the president says no way. the law is moving forward. are you in control? >> at the end of the day every senator has to decide how he or she is going to vote. every representative has decided how they are going to vote. the house last night voted to keep the government open, to fully fund the government, but at the same time the house responded to the millions of americans who are hurting under obama care, and i think the senate needs to
with conditions to delay the president's health care law by a year, and to repeal a medical device tax paid by manufacturers for things like pacemakers or defibrillators, or delay that. also, they do want military paychecks to keep coming. but again, that is the house version where they stand. the senate says no way, the only thing they would consider is simply keeping the government open, nothing that would affect the health care law. >> so the contest begins, canke o'donnell, i know you...
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Sep 9, 2013
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. >> tax policy? >> well, tax policy is one of the things. in 2010, we had a $1.5 trillion budget deficit and the economy was $15 trillion then. today we have a $17 trillion budget deficit. there's no appetite in congress to do it. >> let's talk federal reserve and the new head. you know larry summers. >> i do. >> what do you think the issues would be if he were to become chairman? is he the guy to take over for bernanke? >> there are two people for sure -- one, larry summers. larry summers wants them and so does obama. 's going to have a little trouble getting confirmed. it's a question of whether or not obama wants the fight. look at it from obama's standpoint. he's got three fights ahead of them -- syria, a serious one, the debt ceiling, another one, and the confirmation of the new fed chairman. i think of all those three, the fight on the fed chairman is the one he's most likely to abdicate on. and then he picked janet yellen. >> it could go either way? >> yes. >> as far as the heart attacks are concerned, how do you advise investors? wil
. >> tax policy? >> well, tax policy is one of the things. in 2010, we had a $1.5 trillion budget deficit and the economy was $15 trillion then. today we have a $17 trillion budget deficit. there's no appetite in congress to do it. >> let's talk federal reserve and the new head. you know larry summers. >> i do. >> what do you think the issues would be if he were to become chairman? is he the guy to take over for bernanke? >> there are two people for sure --...
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Mar 15, 2013
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have proposed significant cuts to entitlements, something democrats oppose, and democrats want new tax revenue, a deal breaker for republicans. republican leader mitch mcconnell put responsibility back on the president. >> his job is to deliver the members of his party. >> reporter: for now lawmakers appear no closer to a deal but they are more optimistic about the possibility of compromise. today president obama is taking a break from budget talks and traveling to illinois. he'll be focusing on another of his big priorities, alternative energy. richard? >> putting those walking shoes on the side after a very busy couple of days for the president. thank you, danielle. >>> a fiery exchange between dianne feinstein and texas's senator, ted cruz. during a senate judiciary committee on banning assault-style weapons, cruz who opposes any weapons ban, questioned the constitutionality of the bill. a sharp clash resulted between feinstein and the tea party freshman. >> namely, would she consider it constitutional for congress to specify that the first amendment shall apply only to the followin
have proposed significant cuts to entitlements, something democrats oppose, and democrats want new tax revenue, a deal breaker for republicans. republican leader mitch mcconnell put responsibility back on the president. >> his job is to deliver the members of his party. >> reporter: for now lawmakers appear no closer to a deal but they are more optimistic about the possibility of compromise. today president obama is taking a break from budget talks and traveling to illinois. he'll...
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Sep 28, 2013
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. >> we already have the highest gas, sales, and income tax in the nation, and the most outrageous lawsuits and now we have the highest minimum wage in the country. >> it will rise to $9 an hour next year and up to $10 in 2016. >>> new at 5:00, a man is in stable condition at stanford hospital after being air lifted from a cruise ship. the coast guard pulled the canadian man from the cruise ship. he was showing symptoms of acute kidney failure. a coast guard rescue swimmer was lowered on to the ship to hoist him into the helicopter. >>> six people are believed to be dead after two cargo ships slammed into each other south of tokyo. the cause of this collision is under investigation. >>> a united airlines pilot, who had a heart attack mid flight, is dead. the flight was going from houston to seattle yesterday. it made an emergency landing in boise, idaho. he died later during treatment. >> the announcement over the intercom was we were having a minor emergency and was there a doctor on board. being up front, they were trying to get the captain, the pilot, out of the cabin and out where it co
. >> we already have the highest gas, sales, and income tax in the nation, and the most outrageous lawsuits and now we have the highest minimum wage in the country. >> it will rise to $9 an hour next year and up to $10 in 2016. >>> new at 5:00, a man is in stable condition at stanford hospital after being air lifted from a cruise ship. the coast guard pulled the canadian man from the cruise ship. he was showing symptoms of acute kidney failure. a coast guard rescue swimmer...
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Jan 27, 2013
01/13
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this dream line shows you the historic taxes. the red line is tax increases. the red line, where spending is going. spending is the problem. revenues aren't the problem. if you keep chasing higher spending with higher revenues as they're calling for, you're going to hurt economic growth. you'll never catch up. you'll shut down the economy and you won't get the budget down. >> when you were campaigning in virginia, a state you wanted to carry but didn't, you said, look, these sequestration cuts, these automatic spending cuts that are put in place because republicans and democrats can't agree, so you have to have this sword that comes down, you said we're not going to let those happen. those will not happen, those automatic spending cuts. well, now we have a new deadline coming up in a couple of months that says there's going to be more automatic spending cuts, the same ones that were in place before. >> that's right. >> are you going to let those happen? >> if mitt romney and i won the election, they would not have happened because we would have gone and worked
this dream line shows you the historic taxes. the red line is tax increases. the red line, where spending is going. spending is the problem. revenues aren't the problem. if you keep chasing higher spending with higher revenues as they're calling for, you're going to hurt economic growth. you'll never catch up. you'll shut down the economy and you won't get the budget down. >> when you were campaigning in virginia, a state you wanted to carry but didn't, you said, look, these sequestration...
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Sep 29, 2013
09/13
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one time on the tax increase, mr. o'neill said i'll pass the bill with you, 100% is too high. they knew how to cut dealins afr the fight. >> how did this president do in creating the kind of atmospheric? >> i don't think he was as good as reagan was as nurturing relations. i remember going to the jim dinner, which most of the guys were having steak dinner and apple pie, and baked potato and a beer. and just to be a dissenter, no press, it was a big deal. and in walked reagan with george bush. and george bush, as vp, had been a member of the house and knew how it worked. you got to connect with these guys. and i knew there was something that would help him get elected, every democrat took their picture. >> most of the democrats don't want their picture, that would hurt them. >> reagan being from notre dame, he had a lot of democrats who liked him. and i think this president doesn't have a lot of republicans that like him. this makes it a tougher time, by the way, it is politics, not civics, guys and women who believe in what they do. tip was the classic liberal who served, got
one time on the tax increase, mr. o'neill said i'll pass the bill with you, 100% is too high. they knew how to cut dealins afr the fight. >> how did this president do in creating the kind of atmospheric? >> i don't think he was as good as reagan was as nurturing relations. i remember going to the jim dinner, which most of the guys were having steak dinner and apple pie, and baked potato and a beer. and just to be a dissenter, no press, it was a big deal. and in walked reagan with...
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Dec 15, 2013
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to want to move on it. >> tax reform? in the next year, we'll be moving tax reform because we think that's a key ingredient to getting people back to work and growing the economy. >> am i missing something? is there something on tax reform you would agree with with the chairman? >> the other day they said the tax reform is 100 years old, and it looks like it. >> could you agree on tax reform to rainot raise the deficit? >> anything you do would be revenue generated from that. that doesn't mean we couldn't find a compromise with that. it would be intense discussions. there were intense discussions here in this room. but yeah, you can find that ground. >> so what's going to happen on the debt ceiling? this comes up again in a few months. another fight on that? >> we agreed the debt ceiling would not be part of this. i don't think our country wants to see another crisis and send our country into a tailspin. so we'll take that road when we get there. i defer to you. >> you're asking things that are unresolved, and the reason
to want to move on it. >> tax reform? in the next year, we'll be moving tax reform because we think that's a key ingredient to getting people back to work and growing the economy. >> am i missing something? is there something on tax reform you would agree with with the chairman? >> the other day they said the tax reform is 100 years old, and it looks like it. >> could you agree on tax reform to rainot raise the deficit? >> anything you do would be revenue generated...
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Jan 7, 2013
01/13
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raised by increasing taxes on the wealthy. >> so where did all that money from letting the tax cuts expire for the rich go? they gave it right back to big business. >> reporter: so, despite all the rhetoric about cutting the deficit, washington still seems to be engaging in business as usual, doling out money through tax breaks and special projects. take that $60 billion emergency bill passed by the senate to help victims of superstorm sandy. much of that money is desperately needed for recovery, but not all. >> many billions of dollars in this bill has nothing to do with helping the victims of sandy. >> reporter: taxpayer watchdog groups complain that buried in this emergency bill is money for amtrak projects, fisheries in alaska and mississippi and new cars for the justice department. >> it's like they don't get it that we've got the warning siren going on the debt crisis, and yet they want to do things just the way they've always done. >> reporter: the ultimate losers, experts says, are americans asked to pay more taxes or to give up benefits. lisa meyers, nbc news, washington. >
raised by increasing taxes on the wealthy. >> so where did all that money from letting the tax cuts expire for the rich go? they gave it right back to big business. >> reporter: so, despite all the rhetoric about cutting the deficit, washington still seems to be engaging in business as usual, doling out money through tax breaks and special projects. take that $60 billion emergency bill passed by the senate to help victims of superstorm sandy. much of that money is desperately needed...
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Jan 21, 2013
01/13
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because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will include revenues. it's a great opportunity to get us more revenues to help in part deal with sequestration and deal with the issue of -- >> but senator schumer, the reality is the president is willing to throw the long ball on this big sunday of football, when it comes to gun control. and yet because of his view of republican recalcitrants, he doesn't step up and show real leadership and be proactive on a big spending cut proposal and medicare put proposal because he doesn't want to go there. why throw the long ball when it comes to gun control but not take a leadership role when it comes to spending cuts? >> well, he is. in the negotiations up to the fiscal cliff, the president put things on the table. $400 billion in medicare cuts. he was talking about change cpi, which -- >> you're talking about more revenue. that's not big enough on medicare cuts according to simpson-bowles and others. >> we have already done $1.7 trillion in cuts. we've done $600 billion in rev
because in our budget that we will pass, we will lift tax reform, which many of my republican colleagues liked, but it will include revenues. it's a great opportunity to get us more revenues to help in part deal with sequestration and deal with the issue of -- >> but senator schumer, the reality is the president is willing to throw the long ball on this big sunday of football, when it comes to gun control. and yet because of his view of republican recalcitrants, he doesn't step up and...
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Mar 24, 2013
03/13
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a bailout proposal from the eu came with strings attached in the form of a tax ranging between 6% and 9% on federally insured bank depositors in cyprus. most people i spoke to thought it was terrible idea. sheer what former treasury secretary larry summers told me. >> this idea that the little guy is the first victim in going after moral hazard is a new idea in resolving financial crisis and is not a very good idea as pictures of people lining up at the atm machines demonstrate. >> meanwhile, important earnings news this week. software giant oracle missed earnings expectations, as did transportation bellwether fed ex. general mills, housing company lennar and williams sonoma all came in ahead of expectations. more strength in the housing sector to report. new home starts roast 8/10 of a percent in february, about what analysts were looking for. that's an annualized rate of 917,000 new homes. the federal reserve continuing its easy money policy and the banking crisis in cyprus. which is more important to your money? joining me right now to talk investing, liz ann sonders is chief inves
a bailout proposal from the eu came with strings attached in the form of a tax ranging between 6% and 9% on federally insured bank depositors in cyprus. most people i spoke to thought it was terrible idea. sheer what former treasury secretary larry summers told me. >> this idea that the little guy is the first victim in going after moral hazard is a new idea in resolving financial crisis and is not a very good idea as pictures of people lining up at the atm machines demonstrate. >>...
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Sep 29, 2013
09/13
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a one year delay of the president's health care law and repeal of the tax on medical devices. and if there is a shutdown, the military would still get paid on time. tea party force texas senator ted cruz defended the strategy on melt meet the press. >> the only people who aren't listening to this argument is the career politicians in washington. >> reporter: but tonight all is quiet. one day left before the government's lights go out. nbc news. the capitol. >> reporter: tour boats loaded with visitors to the statute of liberty and ellis island today. but come tuesday, lady liberty and national parks coast-to-coast will close if the government shuts down. >> the fact that the statute of liberty could be held hostage, is appalling to me. >> reporter: the smithsonian will also close, long with yosemite, mountain rushmore. the leisure destinations that are the bread and butter to surrounding businesses. >> if that happened, it would shut us down. we come out here doing ligake tests. >> reporter: the last time the government shut down was in the mid-'90s for three weeks. >> we have
a one year delay of the president's health care law and repeal of the tax on medical devices. and if there is a shutdown, the military would still get paid on time. tea party force texas senator ted cruz defended the strategy on melt meet the press. >> the only people who aren't listening to this argument is the career politicians in washington. >> reporter: but tonight all is quiet. one day left before the government's lights go out. nbc news. the capitol. >> reporter: tour...
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Sep 23, 2013
09/13
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one of the things we want to make certain we do is prohibit all the taxes. senator klobuchar's state with all of the medical devices, that's a 2.3% cut. >> they were not held hostage. it was not a bargaining chip. had nothing to do with raising the debt ceiling. >> making certain that we get the -- >> the disagreement continues. one last question. senator klobuchar, bottom line. will there be an agreement on raising the debt limit despite the fact that the president would not like to negotiate about it? >> i believe that there will be an agreement and i think we can do it without any of these extraneous partisan poison pills. because the american people remember what happened back in 2011. we had our credit rating reduced and it cost us $1.3 billion in extra borrowing cost. this is money taxpayers have to pay. this is affecting families and real people. that's why i think if n. the end, this games manship has to end and we have to get on the real business of the american people. that's why i think in the end we will move on and negotiate a real long-term bud
one of the things we want to make certain we do is prohibit all the taxes. senator klobuchar's state with all of the medical devices, that's a 2.3% cut. >> they were not held hostage. it was not a bargaining chip. had nothing to do with raising the debt ceiling. >> making certain that we get the -- >> the disagreement continues. one last question. senator klobuchar, bottom line. will there be an agreement on raising the debt limit despite the fact that the president would not...
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Feb 25, 2013
02/13
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so far there is no sign of movement in the stalemate over tax increases favored by president obama and rejected by republicans. the white house is warning that government employee furloughs will hurt about everyone. governors from both sides who were gathered in d.c. for meetings today continue to point fingers. >> nobody is saying he should make these cuts but we can cut less than 3% without jeopardizing meat inspections. >> watt we have seen is more of the same. the congressional republicans move the goal post as soon as the president comes their way. he has a plan on the table that has a lot of things on the table they say they support. >> even if congress can't compromise big cuts are likely on the way. >>> former president jimmy carter was in san francisco today addressing thousands at a meeting at the commonwealth club. it was at the war memorial building. mr. carter spoke about the challenges and responsibilities facing the united states as a world super power and said the characterization of a great nation includes justice, peace, freedom, democracy, human rights and sharing we
so far there is no sign of movement in the stalemate over tax increases favored by president obama and rejected by republicans. the white house is warning that government employee furloughs will hurt about everyone. governors from both sides who were gathered in d.c. for meetings today continue to point fingers. >> nobody is saying he should make these cuts but we can cut less than 3% without jeopardizing meat inspections. >> watt we have seen is more of the same. the congressional...
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Apr 29, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> my charm offensive has helped me learn some interesting things about what's going on in congress. it turns out absolutely nothing. some folks still don't think i spend enough time with congress. why don't you get a drink with mitch mcconnell, they ask? really? why don't you get a drink with mitch mcconnell? >> mitch mcconnell jokes, only f funny in washington. we are back with our roundtable, joining me former undersecretary of state, republican diplomacy and public affairs karen hughes. >> i'd love to have a drink with mitch mcconnell. >> democratic congressman from texas, joaquin castro, our political director and white house correspondent, chuck todd, republican strategist mike murphy and democratic senator from minnesota, huge minnesota day on the program, could klobue could. welcome to all of you. how di
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> my charm offensive has helped me learn some interesting things about what's going on in congress. it turns out absolutely nothing. some folks still don't think i spend enough time with congress. why don't you...
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Sep 19, 2013
09/13
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the lump sum option would see the winner walk away with about $134 million after taxes. lump sum? lump sum? would you get that? >> you're supposed to. i'm not sure why. >> i might check the mpv on everything else. >>> now moving to colorado. officials say property losses from record flooding are approaching $2 billion. more than 7,200 homes and businesses were impacted by the waters. but fewer than 6,000 of those had flood insurance. some residents are being allowed back inside the flood zone. as waters start to recede, fema is still warning locals try to stay out of any floodwaters no matter how shallow it may appear because they're concerned about pollution. bill karins here with us. as we look at some of these pictures often the numbers unaccounted for continue to go down. >> but the numbers for the losses go up as far as monetary, $2 billion. second billion dollar weather disaster in the country, the first was moore, oklahoma. that's what happened here. the disaster down to a resort area right near acapulco, horrible on the coast of mexico. hurricane manuel continues to churn
the lump sum option would see the winner walk away with about $134 million after taxes. lump sum? lump sum? would you get that? >> you're supposed to. i'm not sure why. >> i might check the mpv on everything else. >>> now moving to colorado. officials say property losses from record flooding are approaching $2 billion. more than 7,200 homes and businesses were impacted by the waters. but fewer than 6,000 of those had flood insurance. some residents are being allowed back...
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Sep 24, 2013
09/13
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she had headed the division for applications of tax exempt status. she's been on administrative leave since may. >>> and this gorilla from a dallas zoo is heading to a gorilla therapy. his name is patrick. he weighs 430 pounds and zoo officials says he has a sexist attitude and shows aggression towards females. a little political correctness hitting the animal kingdom. >>> now, cnbc and bertha coombs. good morning. >> good morning, paige. chrysler files for an ipo four years after being bailed out. if and when a deal happens, it would be the first time since 1998 that all three big u.s. automakers will be publicly traded. facebook, meantime, is rolling out a new payments feature. users will be able to automatically fill out personal information when paying for items in retail stores. and burger kings wants you to feel less guilty about eating its fries. the fast-food chain is releasing crinkle cut, 20% fewer calories than regular fries. back to you. >> thank you. can't wait to try those. >>> coming up, the sports highlights. there have been several n
she had headed the division for applications of tax exempt status. she's been on administrative leave since may. >>> and this gorilla from a dallas zoo is heading to a gorilla therapy. his name is patrick. he weighs 430 pounds and zoo officials says he has a sexist attitude and shows aggression towards females. a little political correctness hitting the animal kingdom. >>> now, cnbc and bertha coombs. good morning. >> good morning, paige. chrysler files for an ipo four...
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Dec 23, 2013
12/13
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and there's a man at a time to pay taxes for those things. this thing is complicated because president obama chose to go for a model that is a market-oriented model that republicans favor of helping people buy private health insurance. that proves to be very complicated. but what you're seeing already is there is an enormous appetite among all the americans who don't have health insurance to buy it, and that's what's going to save obamacare. this is filling a real need in the society. and you have to say, they sure lowered expectations for obamacare. >> society is not the same as it was in the 1930s and the 1960s. there is less faith in government, it's much more consumer based. so if you can't force people in the system and people rebel against enforcement, then you have a problem. >> edward burke believed in less confidence for them to deliver, and they keep backing off of things they say have to be in there. >> i don't know how you can be optimistic about it working better next year when all we see are delays. i've lost track of the delays
and there's a man at a time to pay taxes for those things. this thing is complicated because president obama chose to go for a model that is a market-oriented model that republicans favor of helping people buy private health insurance. that proves to be very complicated. but what you're seeing already is there is an enormous appetite among all the americans who don't have health insurance to buy it, and that's what's going to save obamacare. this is filling a real need in the society. and you...
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Oct 2, 2013
10/13
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in denver, a family earning $50,000 a year could buy kaiser permanente after tax credits for $510 a month, responsible for $2600 a year in a family deductible, and 20% of their total expenses. capping, though, at $10,000 per year. now, if that is too expensive a family can choose lower expenses through a bronze coverage plan, lower monthly premiums, but higher deductibles and higher co-pays. the insurance would cover everything from emergency care to prescription drugs, radiation, chemotherapy, hearing aids and eye exams. but with so many glitches, many republicans insist obama care is not ready. >> my advice to the american people is buyer beware. >> reporter: the president counters the system crashed because of its popularity. >> we're going to speed things up in the next few hours to handle all of this demand that exceeds anything that we had expected. >> reporter: the white house says the system is improving and people are signing up. but amid high demand, big delays on day one. tom costello, nbc news, washington. >>> our chief medical editor dr. nancy snyderman has been answering you
in denver, a family earning $50,000 a year could buy kaiser permanente after tax credits for $510 a month, responsible for $2600 a year in a family deductible, and 20% of their total expenses. capping, though, at $10,000 per year. now, if that is too expensive a family can choose lower expenses through a bronze coverage plan, lower monthly premiums, but higher deductibles and higher co-pays. the insurance would cover everything from emergency care to prescription drugs, radiation, chemotherapy,...
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Sep 25, 2013
09/13
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bill for all property taxes. he's saying h211 and google founders pay no county taxes on the airplanes because the planes sit at the federal facility. >> is that fair? this arrangement? >> it's the law. i don't know if it's fair or not. i think if somebody has their plane in a federal enclave in moffitt field, the same plane located at san jose airport would be paying a property tax, no, that's not fair. >> is h211 getting an unfair advantage by keeping its planes there? congresswoman anna eshu represents it in congress. i asked her about the relationship between fwhnasa an h-211. >> people in the community that care the most about what happens at the airfield have signed off on this. why? because they are partner with nasa aims in terms of research. >> reporter: her staff said she was too busy to answer our questions on camera this time. >> i think that this is something that is celebrated in my congressional district. this is not a favor in any way, shape or form. >> now, even though she would not answer new qu
bill for all property taxes. he's saying h211 and google founders pay no county taxes on the airplanes because the planes sit at the federal facility. >> is that fair? this arrangement? >> it's the law. i don't know if it's fair or not. i think if somebody has their plane in a federal enclave in moffitt field, the same plane located at san jose airport would be paying a property tax, no, that's not fair. >> is h211 getting an unfair advantage by keeping its planes there?...
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Jun 16, 2013
06/13
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six-second campaign videos, and your big pledge that everyone can pay their taxes using square. i think that would be great. >> talking politics and technology, it's clear the two coasts are coming together. scott budman, nbc bay area news. >>> mayor bloomberg's work is not done yet. he's going to be delivering the commencement speech at stanford's commencement tomorrow. >>> google is hoping the get the entire planet online by beaming it down to earth. they released helium filled balloons into the sky. an antenna is requires to connect to the internet, and each balloon can provide internet coverage for hundreds of square miles. googp hopes to eventually build a ring of balloons that fly around the world to bring internet access to people in remote areas. >>> we'll be right back. >>> meteorologist rob is here now talking about the cooldown and a fairly still nice father pfsz day, right? >> we're not going to be tracking stray lightning like we had earlier in the week, so that's good news. and temperatures really have cooled down quite a bit. 55 chilly degrees in san francisco. no
six-second campaign videos, and your big pledge that everyone can pay their taxes using square. i think that would be great. >> talking politics and technology, it's clear the two coasts are coming together. scott budman, nbc bay area news. >>> mayor bloomberg's work is not done yet. he's going to be delivering the commencement speech at stanford's commencement tomorrow. >>> google is hoping the get the entire planet online by beaming it down to earth. they released...
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Oct 27, 2013
10/13
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the texans pay those taxes. >> those tax dollars are not paying for obama care. >> let's not just talk about the expansion of medicaid, though. i think it's very easy to lose me and a lot of our viewers here. keep it to the big question, which is, how did this get botched and what are the consequences of it? there is a model here, and it's only going to work if one thing happens, and that's if young and healthy people sign up. >> there is a lesson here, and what we're seeing is the collapse and failure of big old dumb, top-down higheirarchical government in washington. it can do a lot of things but it can't deal with the complexities of an adaptive, modern society. if obama care was an anomaly, that would be one thing. but tell me one thing washington is doing a good job at. education, a disaster. social security, it's bankrupt a ponzi scheme. name something washington is doing -- can't manage its fiscal account. they said part of the problem of being president is the government is so vast, you can't know what's going on underneath it. government seems to be expanded? that's the wrong
the texans pay those taxes. >> those tax dollars are not paying for obama care. >> let's not just talk about the expansion of medicaid, though. i think it's very easy to lose me and a lot of our viewers here. keep it to the big question, which is, how did this get botched and what are the consequences of it? there is a model here, and it's only going to work if one thing happens, and that's if young and healthy people sign up. >> there is a lesson here, and what we're seeing...
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Aug 4, 2013
08/13
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means a big tax break for many parents shopping for school supplies, but not everyone thinks it's a good
means a big tax break for many parents shopping for school supplies, but not everyone thinks it's a good